Inflation

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  #16  
Old 11-24-2021, 11:00 PM
manaboutown manaboutown is offline
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Worst inflation in 40 years!
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Old 11-25-2021, 02:50 AM
Two Bills Two Bills is offline
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One less dine out meal, and that's weekly inflation cost covered.
All is good!
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Old 11-25-2021, 05:12 AM
RICH1 RICH1 is offline
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Inflation, not a thing we can do about it! I’m not cutting back on anything that I do at this point in my life..not many years left , so doing the best to Enjoy them. Happy Thanksgiving to all
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Old 11-25-2021, 05:45 AM
Rwirish Rwirish is offline
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Bump
  #20  
Old 11-25-2021, 05:49 AM
mike1946 mike1946 is offline
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I'm a Brit Rain or Snow bird - live in Country Club Hills - just filled up my diesel car here in the UK - Premium Diesel is £1.59 a litre there are 3.5 litres to the standard US gallon - the exchange rate from £ to $ is around 1.35 :-
So 1.59 x 3.6 x 1.35 = $7.72 a gallon.
My Point ??? Stop Whining.
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Old 11-25-2021, 05:53 AM
mike1946 mike1946 is offline
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Whilst I'm about it ... Turkeys in Publix were $0.49 per pound so a 16 pounder runs at $7.84. My Local supermarket here in the UK is selling turkeys at £3.25 a pound so a 16 pounder is £52 or just over $70 and you think you are paying too much !! Hmmmmmm.
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Old 11-25-2021, 06:05 AM
thevillages2013 thevillages2013 is offline
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Quote:
Originally Posted by mike1946 View Post
I'm a Brit Rain or Snow bird - live in Country Club Hills - just filled up my diesel car here in the UK - Premium Diesel is £1.59 a litre there are 3.5 litres to the standard US gallon - the exchange rate from £ to $ is around 1.35 :-
So 1.59 x 3.6 x 1.35 = $7.72 a gallon.
My Point ??? Stop Whining.
What you pay for items on a tiny island has no bearing on prices here
  #23  
Old 11-25-2021, 06:30 AM
Fanfaron2020 Fanfaron2020 is offline
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Quote:
Originally Posted by Michael G. View Post
How is your household coping with the high prices out there?
"Dollar Tree will raise prices to $1.25 by the end of April."
P.S. I pretty much live at the Dollar Tree... amazingly great price on everything!

Dollar Tree Will Raise Prices to $1.25 by End of April - The New York Times
  #24  
Old 11-25-2021, 07:45 AM
nn0wheremann nn0wheremann is offline
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Quote:
Originally Posted by Michael G. View Post
How is your household coping with the high prices out there?
No problems, really. Restaurant meals cost more, but I still tip 20%. If they get too pricy because labor costs are up, I might adjust the tip. Just drove 1300 miles to Iowa for the holiday, the most I paid for gas was $3.09, most was bought for less than $3.00. In the 70s & early 80s I paid almost that much, the car burned a lot more of it, and my salary was about 25% of my current income. The only outrageous price I can recall from this trip was $4.50 for a McDonalds Filet o Fish sandwich. Mickey D can take a hike!

If you want to do something about inflation, quit buying all this imported junk. For Christmas give gift cards, so your grandkids can catch the after Christmas sales. All those ships will get unloaded sometime soon, then there will be a glut of goods in the stores, at deep discounts.
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Old 11-25-2021, 07:46 AM
mkjelenbaas mkjelenbaas is offline
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Very well!
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Old 11-25-2021, 07:49 AM
wsachs wsachs is offline
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Quote:
Originally Posted by ejp52 View Post
Well this time last year gas was around $1.799.
Stock market at record high. Home prices up. Most of my driving is in a golf cart that gets more than 30 mpg. I fill up the five gallon tank once a month and golf 3 days a week and wife 2. Shop and go to Dr's, Publix, restaurants all in cart.
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Old 11-25-2021, 07:53 AM
Marine1974 Marine1974 is offline
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I bet they would eat what we eat if they were hungry. Lol
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Old 11-25-2021, 08:06 AM
coconutmama coconutmama is offline
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Quote:
Originally Posted by ejp52 View Post
Well this time last year gas was around $1.799.
Supply & Demand. Pandemic in full swing last year. Prices low. Comparing apples to oranges.

Go back 5 years. We are about .50 cents a gallon up since then. Prices will moderate.

As another poster mentioned, this is not bad compared to the 70’s when we had to buy gas on odd or even days.

At least the unemployment rate is at a 50 year low.
  #29  
Old 11-25-2021, 08:10 AM
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I bought TIPS government bonds early this year. Value based on inflation.
  #30  
Old 11-25-2021, 08:11 AM
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Quote:
Originally Posted by DAVES View Post
That is what you are being fed.
Clueless.

I will type slower for you.

When it's stated, a tax on the poor.............it means proportionally.
Proportionally it hurts the poor significantly more than the rich and upper classes.
Additionally, the poor does not have investments out performing inflation.
Hope you learned something this morning.

Be thankful today.

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